Bonds

Fixed-rate bonds stop rewarding savers

Financial Times (Free subscription) | yesterday

Savers chasing the best deal for their cash can now earn almost as much interest on instant access as from locking into a one-year fixed rate

Riskier high-yield debt draws attention

Financial Times (Free subscription) | yesterday

Investors who fear that the rally in investment-grade corporate bonds may be over are shifting their money into high-yield bond funds

Fitch Affirms Cobb County Solid Waste Auth's (GA) Rev Rfdg Bonds at 'AAA': Outlook Stable

Business Wire (Free subscription) | yesterday

NEW YORK--(BUSINESS WIRE)--As part of its ongoing surveillance efforts, Fitch Ratings affirms its 'AAA' rating on Cobb County Solid Waste Management Authority, Georgia's (the authority) approximately $12.4 million outstanding solid waste management authority revenue refunding bonds, series 2004. The Rating Outlook is Stable. The 'AAA' rating on the authority's series 2004 bonds reflects strong legal...

What the U.S. Long Bond Market Is Telling Us...

Grasping Reality with Both Hands (Free subscription) | yesterday

Paul Krugman reads the tea leaves in what looks like the best piece of economic analysis I have read this month. When we do the things we do well, this is the kind of thing we do: >Interest rates: the phantom menace: From various bat squeaks I’ve put together a view of what I think lies behind the surprising — and damaging — deficit squeamishness of the Obama administration. So...

JG Summit Holdings Inc. concludes successful P9-B bond float

Positive News Media (Free subscription) | yesterday

MANILA, Nov. 21 (PNA) — JG Summit Holdings Inc. (JG Summit), the Gokongwei group’s publicly-listed flagship company, has concluded successfully its maiden peso bond issue, raising P9 billion from the local bond market.

Fitch Rates New York City TFA's Bank Bonds 'AA+'; Outlook Stable

Business Wire (Free subscription) | yesterday

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA+' rating to bank bonds corresponding to the following two series of New York City Transitional Finance Authority (TFA) bonds: --Future tax secured bonds fiscal 2003 series C-5; --New York City recovery bonds fiscal 2003 series B-2. The ratings are being assigned in conjunction with the substitution of liquidity facilities on the bonds, expected...

Fitch Affirms Union Hospital (Affinity Health Alliance), MD Hosp Rev Bonds at 'A'; Outlook Stable

Business Wire (Free subscription) | yesterday

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A' rating on the approximately $70.4 million Maryland Health and Higher Educational Facilities Authority revenue bonds (Union Hospital of Cecil County Issue), series 1998, 2002, and 2005, and $3.2 million in Town of Elkton, Maryland Economic Development revenue bonds (Union Hospital Facility), series 2000, issued on behalf of Union Hospital...

Fitch Rates Anchorage, Alaska's $50MM Water Rev Refunding Bonds 'AA-'; Affirms Outstanding Bonds

Business Wire (Free subscription) | yesterday

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA-' rating to the Municipality of Anchorage, Alaska's (MOA) $50 million water revenue refunding bonds series 2009. Concurrently, Fitch affirms the 'AA-' rating on the district's outstanding parity water revenue bonds. The bonds are scheduled to price on Dec. 2, 2009. The Rating Outlook on the bonds is Stable. The 'AA-' rating reflects the water...

Fitch Affirms Three Pillars, Wisconsin's Rev Bonds at 'A-'; Outlook Stable

Business Wire (Free subscription) | yesterday

CHICAGO--(BUSINESS WIRE)--Fitch Ratings affirms the 'A-' rating and underlying rating on approximately $20 million Wisconsin Health and Educational Facilities Authority revenue bonds, series 2003, 2004A and 2004B issued for Three Pillars Senior Living Communities. The Rating Outlook is Stable. The rating reflects Three Pillars' strong but reduced cash position, its Masonic affiliation and support,...

Bond Market Open November 20 2009

iStockAnalyst.com (Free subscription) | yesterday

Prices of Treasury coupon securities are registering, on balance, modest changes in overseas trading. The massive wall of liquidity sloshing through the market has driven short rates lower while the longer maturities are unchanged. [More...]

Megaworld's P5-B fixed rate bonds oversubscribed

Positive News Media (Free subscription) | yesterday

MANILA, Nov. 20 (PNA)—Megaworld Corp.'s P5-billion fixed rate bonds were 2.4 times oversubscribed.

Bond Market Close : November 19, 2009

iStockAnalyst.com (Free subscription) | 19/11/2009

Prices of Treasury coupon securities have posted modest gains today but have retreated from their best levels as the 10 year note flirted with the 3.30 level which has acted as a barrier in the recent past. I do not speak to often of the T bill market but yields in that market continue to collapse. In one recent conversation a market participant noted that bill yields are negative out to February....

• Bond Trader: Thursday Wrap - SeekingAlpha.com

The Bond Market

Suburban Guerrilla (Free subscription) | 19/11/2009

Krugman wonders why Obama’s intimidated by them.

FDIC May Tie Underwriter, Rater Pay to Performance of Asset-Backed Issues

Bloomberg (Free subscription) | 19/11/2009

Nov. 19 (Bloomberg) -- The Federal Deposit Insurance Corp. may force underwriters and raters of asset-backed securities created by banks to be compensated based on the bonds’ performance, an agency official said.

Bond Report: Treasurys up as traders await auction announcement

Market Watch (Free subscription) | 19/11/2009

Treasury prices edge higher and yields tick lower in the early action. Bond traders show confidence that concerns about sluggish growth will keep the bond market “bulletproof” even as the government details what’s expected will be record amounts of debt put up for auction next week.